Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Pinterest S-1

sec.gov

Post reply on HN
Print view View original

41–50 of 181 posts

Re: Pinterest S-1

#41

Post by trimbo »

huac wrote: post #37
trimbo wrote: post #34

Is there like an S-1 team that does graphic design for everyone's S-1 these days? Lyft's S-1 has the same designs: pages of pictures of happy people/drivers, a full page mission statement in a sans-serif font on a solid background of color, similar page with numbers on it...

that's everyone's branding, not just the S-1 :)

Somebody in Silicon Valley needs to hire David Carson.

Re: Pinterest S-1

#42

Post by notyourday »

ericd wrote: post #32
notyourday wrote: post #23

Earlier quoted context omitted.

Like Snapchat.

Well, the other criteria is that they have to actually be good businesses. I think it's a good thing for Google, maybe not so much for Snapchat.

If I recall correctly, Google was profitable when it went public.

Re: Pinterest S-1

#43

Post by galfarragem »

polote wrote: post #10

I didn't know pinterest was a thing, I'm not sure anyone in France use it, is that only used in the US?

Pinterest is relevant and generalist enough to be useful to most people, allowing different usecases from a free cloud storage of pictures to a social network.

Re: Pinterest S-1

#44

Post by gianpaj »

> As of December 31, 2018, we had 1,797 full-time employees, an increase of 32% compared to December 31, 2017.

Why do you need so many people? A breakdown for each department would be interesting

Re: Pinterest S-1

#45

Post by pdovy »

hodder wrote: post #36
pdovy wrote: post #30

If I'm reading their MAU charts correctly, they have way more MAU outside of the US than inside (82m vs 184m last quarter), not only that but international user growth is relatively strong compared to the US. That said, 94% of revenue last quarter was from the US, so they are not monetizing internationally really at all. If they can improve international monetization then there is a lot of room for revenue growth it…

"If they can improve international monetization then there is a lot of room for revenue growth it would seem." A universal truth in the social network space. Unfortunately, not even FB can really extract much value outside of North America.

Yeah, if they can't pull that rabbit out of the hat, it looks a bit bleak. With US MAU's stalled for the last four quarters, they are faced with extracting more revenue from the same set of users - i.e., show everybody more ads and presumably water down the user experience in the process.

Re: Pinterest S-1

#46

Post by somebodythere »

dingaling wrote: post #35
ericd wrote: post #12

Earlier quoted context omitted.

Frankly, as a long term buy and hold investor, I actually prefer to invest in companies where the founders are solidly in control, assuming I believe in their abilities. It seems like it should free them from some of the pressure to optimize for the short term at the expense of long term success.

But if they aren't predicting profits any time soon you won't be getting dividends. And you'll only have weak voting rights with which to nudge corporate strategy. So, why invest at all?

Because you expect the share price to grow to reflect the increased likelihood of being paid dividends in the future.

Re: Pinterest S-1

#47

Post by whoisjuan »

iaabtpbtpnn wrote: post #27

"We have incurred operating losses in the past, anticipate increasing our operating expenses, expect to incur operating losses in the future and may never achieve or maintain profitability." Says it all, really.

Dude. All S-1s say that. I haven't read the first one that didn't.

Re: Pinterest S-1

#48

Post by sercand »

pdovy wrote: post #30

If I'm reading their MAU charts correctly, they have way more MAU outside of the US than inside (82m vs 184m last quarter), not only that but international user growth is relatively strong compared to the US. That said, 94% of revenue last quarter was from the US, so they are not monetizing internationally really at all. If they can improve international monetization then there is a lot of room for revenue growth it…

Advertising on Pinterest is really tough. Their system is buggy and paying for the ad nearly impossible internationally, last time I checked. Due to these reasons, we put our all ads into Facebook instead of splitting some to Pinterest a couple of months ago.

Re: Pinterest S-1

#49

Post by obeattie »

"We currently depend on the continued services and performance of our key personnel, including Benjamin Silbermann and others. Mr. Silbermann’s employment, and the employment of our other key personnel, is at will, which means they may resign or be terminated for any reason at any time."

Genuine question: is it normal for the CEO of a company in the US to have no notice period?

Post reply on HN